Examlex
Discuss functions. Compare and contrast manifest and latent functions.
Output
The amount of goods or services produced by a business, industry, or economy.
Price
The financial sum expected, necessary, or handed over in exchange for something.
Peak Efficiency
The highest level of operational productivity or effectiveness where resources are utilized in the most optimal way.
Preferential Tax Breaks
These are specific tax provisions that benefit certain activities, industries, or groups, reducing their tax burden compared to others.
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